Grab SPAC Presentation Deck

Risk factors relating to Grab (cont'd) Grab relies to a large extent on third-party cloud infrastructure services providers, including Amazon Web Services and Microsoft Azure, and any disruption of or interference with Grab's use of their services could adversely affect Grab's business, financial condition, results of operations and prospects. ■ I I ■ ■ ■ ■ ■ ■ ■ ■ I I Security breaches involving sensitive and confidential information could also expose Grab to liability under various laws and regulations across jurisdictions and increase the risk of litigation and governmental investigation. If Grab does not adequately protect its intellectual property rights, or if third parties claim that Grab is misappropriating the intellectual property of others, Grab may incur significant costs and its business, financial condition, results of operations and prospects may be adversely affected. Grab relies on its partnerships with financial institutions and other third parties for the payment processing infrastructure, and if these elements become unavailable or unavailable on favorable terms, Grab's business, financial condition, results of operations and prospects could be materially and adversely affected. Unfavorable media coverage could harm Grab's business, financial condition, results of operations and prospects. Grab relies on third-party background check providers to screen potential drivers and they may fail to provide accurate information. Grab's company culture has contributed to its success and if Grab cannot maintain and evolve Grab's culture as it grows, Grab's business could be materially and adversely affected. Grab depends on talented, experienced and committed personnel, including engineers, to grow and operate Grab's business, and if Grab is unable to recruit, train, motivate and retain qualified personnel, Grab's business, financial condition, results of operations and prospects may be materially and adversely affected. Grab faces intense competition for highly skilled personnel, especially engineers. Grab's business is subject to numerous legal and regulatory risks that could have an adverse impact on Grab's business and prospects. Grab's business is subject to extensive and evolving regulation and oversight relating to the provision of payment and financial services. If Grab's drivers are reclassified as employees, there may be adverse business, financial, tax, legal and other consequences. Grab is exposed to fluctuations in currency exchange rates. Grab tracks certain operational metrics with internal systems and tools and do not independently verify such metrics. Certain of Grab's operational metrics are subject to inherent challenges measurement, any real or perceived inaccuracies in such metrics may adversely affect Grab's business and reputation. Industry data, projections and estimates contained in this proxy statement/prospectus are inherently uncertain and subject to interpretation. Accordingly, you should not place undue reliance on such information. 66

View entire presentation